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Horticulture exports topped $3.3bn

14 May 2012

Horticulture exports topped $3.3bn, a rise of 3% in the year despite an unfavourable exchange rate. Fresh fruit exports (mainly kiwifruit) reached $1.5bn and processed fruit (mainly wine) earned $1.25bn.

Fonterra restructured top management team

14 May 2012

Dairy giant Fonterra has restructured its top management team as part of its new strategy to focus on emerging markets. CEO Theo Spierings has filled 11 of 12 roles, all with internal candidates, in a move to reduce layers and duplication, and drive efficiencies across the business.

NZ needs to attract more investment capital from Asia

14 May 2012

New NZX CEO Tim Bennett says NZ needs to attract more investment capital from Asia to boost the fortunes of NZ’s agriculture sector. He wants to use his career experience in Asia to bring money into dairy futures market.

Major flaws in Dairy Industry Restructuring Bill

14 May 2012

Competition regulator Commerce Commission exposed major flaws in the Dairy Industry Restructuring Bill in its submission to the Primary Production Select Committee. The Commission told the Committee it fears it could end up in legal wrangles over Fonterra’s milk price because the objectives of the DIRA are not clear.

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Free Content - new releases and e-reports

“Mobile marketing” boosting brand awareness of NZ beef in Taiwan

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NZ Dairy farmers likely to face competition from giant US dairy industry

NZ dairy farmers are likely to face more competition from the giant US dairy industry as it ramps up exports on the back of …

Varroa bee mite extended deadly reach across all of mainland NZ

The varroa bee mite has now extended its deadly reach across all of mainland NZ having been found in hives around Dunedin and Invercargill. …

New world record for producing milk powder

Fonterra Edendale’s Drier 4 (ED4) in Southland has set a new world record for producing 20,826 tonnes of milk powder in March highlighting the …

New agribusiness park in Ashburton

A new $30m agribusiness park in Ashburton is expected to provide a major boost to the region’s agriculture sector. The project is being masterminded …

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NZ agri-business news

Dear Farmer/Agri-Business Executive:

Agriculture is NZ’s most dynamic, fast-changing sector where the ability to keep up with and anticipate trends is essential to the future profitability of your business.

The Main Report’s Agri-Business Week is the most convenient and concise means to keep up-to-date with what is happening in your sector.

Each week The Main Report’s Agri-Business Week prepares you to take hold of new opportunities ahead with farming solutions, trends, ideas, forecasts and analysis – to improve prospects for your farming success.

Whether it is the current market trends, helpful tips on pasture or stock management, the latest developments in agriculture science or regulatory changes, you will find it all in the The Main Report’s Agri-Business Week.

Receive helpful advice and ideas on: arrow Government thinking and legislation arrow farm management arrow cost controls arrow productivity arrow hiring and firing arrow quality control arrow farm equipment arrow financial planning arrow forecasts and trends arrow meat export schedule arrow livestock markets arrow agricultural research & development arrow diversification arrow pasture management

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The Big Issues facing agriculture
and agri-business:

arrow Reshaping the Dairy Industry – Fonterra is pushing forward with the final phase of its capital restructuring that will allow Trading Among Farmers and free it from redemption risk. But opponents of the scheme say the latest changes will tie farmers to the cooperative, making it harder to exit and supply milk to rivals. Global prices have soared with demand from emerging Asian countries such as China and Fonterra has warned that there may be some pullback this year as buyers find pricing too rich and producers in other nations ramp up production. At home, farm prices have been sinking, with foreign interest in dairy production one of the only things capping the slide. Will this trend continue?

arrow Meat Industry Future Far From Secure – Rising sheep meat prices have eased pressure on farmers to convert or sell up. But over-capacity in the meat industry remains and the industry’s biggest players still haven’t found a way to work more closely together to strengthen their pricing leverage in export markets. new zealand farming news How will the industry face up to these challenges? In some export markets, reports are emerging of buyer resistance to rising meat prices. That underlines the urgency of breaking into Asia Tiger economies that are becoming wealthier and developing more of a taste for meat. How well can New Zealand establish a beachhead in markets of huge potential such as China?

arrow Neo-Protectionism versus FTAs - Govts around the world are taking steps to shore up their own economies but in some cases this is taking the shape of imposing new farm subsidies. At the same time, New Zealand is advancing a range of free trade deals that promise to deliver massive new benefits for exporters. What can Govt do to try to boost returns from farm exports?

arrow Resurgent wool - Wool prices are now double what they were at the beginning of 2010 bringing smiles to hard pressed sheep farmers. How long will the high prices continue and is it just a sign of shrinking sheep flocks constraining supply? Will sheep numbers rebound on the back of higher wool prices?

arrow Traceability - The Govt has conceded that increasingly affluent consumers in export markets are demanding to know the origin or heritage of the products they buy, hence the arrival of the new animal traceability scheme, NAIT, which comes into effect for cattle on November 1 and for deer in March 2013. Farmers have grudglingly accepted the system while bridling at the additional costs, but the Govt maintains it will help ensure New Zealand products earn and keep their place in the world’s supermarkets.

arrow Regulatory Reform - The Govt has reformed the Resource Management Act and hacked back red tape to reduce costs for farmers and other businesspeople. Will farmers be able to profit from the changes and will the reforms go far enough?

arrow Climate Change - The Govt’s contentious Emissions Trading Scheme is seen in the rural sector as one of its potentially biggest threats, though there is greater buy-in now from farmers, anxious to do their part to ensure New Zealand’s clean, green reputation is unscathed. Will new technology be able to offset the potentially huge financial losses such a scheme may inflict?

arrow Food Miles - Geographically-remote producers of food are coming under increasing scrutiny when it comes to how much fossil fuels are burned to get produce to distant markets. Shipping companies are meeting their own emission reduction targets by ‘slow steaming’, which reduces the shelf life of NZ product on supermarket shelves overseas. The food miles debate could yet flare up again and threaten NZ’s primary produce exports.

arrow Sustainability - The agri-business sector is coming under increasing pressure to prove its production techniques are environmentally-friendly and humane. How will the costs of meeting such challenges be absorbed and will the commercial gains outweigh the costs?

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The Main Report’s Agri-Business Week is written and edited by The Main Report and Trans Tasman Editors. Advertising is not accepted. Editors have no allegiance to any political party or other outside lobby. Their duty is solely to you, our client.

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Max Bowden
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